Mineral rights are granted to private parties, giving them the right to mine the minerals in the ground. However, the Government of Ghana is entitled to 10% free carried interest in the rights and obligations of the mineral operations but does not make any financial contribution. The government can however obtain further participation in mineral operations upon agreement with the holder. It is important to stress, that under the mining laws of Ghana, a foreign investor is not mandated to have a partner to participate in the mining industry as pertains to the oil and gas, gaming and other sectors of the economy. American companies can either engage in joint ventures or operate as a wholly American company. However, the small-scale mining industry is reserved for Ghanaians. Such activities are regulated by the Small-Scale Mining Law of 1989. However, a surge in illegal operations has led to significant environmental degradation, forest destruction and water contamination, causing the government to ban smaller operations in 2017 and throughout most of 2018. The ban provided a window to ensure that all small-scale and artisanal miners were accredited and registered with the government to prevent illegal exports. Notwithstanding the ban, however, output from small-scale was up by 34.4% in 2018, driving overall gold production despite stagnant growth from larger producers
Ministry of Lands and Natural Resources: Oversees all aspects of Ghana’s mineral sector and is responsible for granting mining and exploration licenses.
Minerals Commission: It is responsible for administering the mining act, promotes mineral development, advises the government on mineral matters and serves as liaison between industry and government. It is the first point of contact for prospective investors.
Geological Survey Department: Geological studies including map production and maintenance of geological records.
Mines Department: The authority of safety matters, responsible for health and safety inspections and maintenance of mining records.
Lands Commission: Maintains legal records of licenses and conducts legal examination of new applications.
Environmental Protection Agency It is their overall responsibility for environmental issues related to mining
Ghana Chamber of Mines: It is an association of representatives of mining companies which receives all reports pertaining mining accidents and safety issues. The Chamber also provides information on Ghana’s mining laws and negotiates with mine labor unions on behalf of its member companies.
- Completed application form
- Certified copies of documents of incorporation that show the applicant is a body incorporated under the Companies Act, 1963 (Act 179) or the Incorporated Private Partnership Act, 1962 (Act 152) or under any other enactment in force.
- Certified copy of the company’s regulations and details of Shareholding and Directors.
- Specify the size, number of cadastral blocks and the cadastral co-ordinates delineating the area being applied for (Site Plan)
- Particulars of the qualifications and experience of the Technical team in charge of the reconnaissance operations
- Work program describing the scope and type of the work to be conducted, including the expenditure on reconnaissance.
- Particulars of the financial resources available to the applicant for the proposed reconnaissance operations
- Provide evidence of payment of the applicable fees
- Cadastral search report